Likes, Loops, and Little RedNote: Here's the List of Chinese Companies Going Global
Cloud Native Computing Foundation Announces CubeFS Graduation
Express News | China's Gaming Regulator Grants License for 13 Imported Online Games in January, Including One Title From NetEase
In January, the import licenses for Online Games were issued, with 13 games approved, including Kingnet Network (002517.SZ) and NetEase (09999).
On January 21, the National Press and Publication Administration released the approval information for imported Online Games in January, with a total of 13 games approved, including NetEase (09999) 'Frostpunk: The Last Shelter' and Kingnet Network (002517.SZ) 'Hot Blooded Jianghu: Return'.
CICC: Maintains NTES-S (09999) "Outperform Industry" rating, with Target Price raised to 180 Hong Kong dollars.
CICC raised NTES-S (09999) 2024 Non-GAAP net income by 2% to 31.7 billion yuan.
【Special Contributor】Deng Shengxing: Trump is inaugurated as the president of the USA today. The market is cautious and has not made any rash moves, with volatile performance in the Hong Kong stock market.
Jinguo Financial News | The Hang Seng Index closed at 19,584 on Friday (17th), up 61 points or 0.3%. The total market turnover was 122.2 billion yuan for the day. The National Index rose 10 points to 7,108; the Technology Index increased by 1.4% to 4,479. The best-performing blue chips this week were SMIC (00981), JD.com (09618), and Hongqiao (01378), which increased by 22%, 12.1%, and 10.8% respectively; the three worst performers were Sands (01928), New Oriental (09901), and GALAXY ENT (00027), which fell by 6.1%, 5.7%, and 4% respectively. The Dow Jones index on Friday (17th...
[Brokerage Focus] BOCOM INTL raises NetEase (09999) Target Price by 9.7% and expects PC games to continue accelerating growth in the coming quarters.
BOCOM INTL issued a research report stating that NetEase (09999) is expected to see a 2% year-on-year increase in revenue for the fourth quarter of 2024, with adjusted net income projected to rise by 15%, both estimates being upgraded by 3% and 10% respectively compared to the bank's previous expectations, reflecting better-than-expected performance in online games as well as gains from foreign exchange. The bank's forecast is 3% and 5% higher than the consensus forecast from VA.
Trump Told Advisers He Wants to Visit China as President
Sony Cancels Two Live-Service Games, Stays Committed to Long-Term Monetization
NetEase Likely to See Strong Upside in PC Game Revenue for 4Q -- Market Talk
Citi International: Maintain NTES-S (09999) 'Buy' rating, Target Price raised to 198 Hong Kong dollars.
Bank of China International predicts that NetEase's core online gaming total revenue will increase by 6% year-on-year to 20.7 billion yuan.
The US stock market fluctuated and then declined, Apple fell by 4%, Taiwan Semiconductor's ADR once rose over 7%, and Luxury Goods stocks along with European and American government bonds increased.
In December, USA's retail sales growth was weaker than expected, but the Philadelphia January manufacturing Index reached its highest level in nearly four years. Federal Reserve Board member Waller predicted that there might be up to four interest rate cuts this year, which lowered USA Treasury yields and the dollar. The S&P experienced its first decline in four days, previously boosted by Banks' Earnings Reports. Taiwan Semiconductor's quarterly report confirmed AI demand, leading to most chip stocks rising. Luxury Goods giant Richemont's earnings surpassed expectations, causing a collective increase among peers that pushed French stocks up over 2%. The China concept index rose against the trend, with DouYu increasing by about 28%. The yen approached 155, Bitcoin hovered around $0.1 million, oil prices fell from a six-month high, and Gold reached its highest in five weeks. As a cold wave hit, Henry Hub Natural Gas surged over 4%.
Hong Kong stocks early news on January 17: USA's retail growth in December was lower than expected, with mixed trends for Chinese concept stocks in US markets.
① Retail sales in the USA grew by 0.4% month-on-month in December, which is below market expectations. ② The number of people applying for unemployment benefits for the first time in the USA last week increased by 0.014 million to 0.217 million. ③ The three major indices of the US stock market collectively fell on Thursday, with China Concept Stocks fluctuating. ④ The World Bank warns that Trump's tariff policy may hinder this year's Global economic growth. ⑤ Federal Reserve official Waller stated that if the inflation rate declines, the rate cuts may be stronger than market expectations.
Jefferies Maintains NetEase(NTES.US) With Buy Rating, Raises Target Price to $120
BofA Securities Maintains NetEase(NTES.US) With Buy Rating, Maintains Target Price $122
Nintendo Teases 'Switch 2,' Console Set to Come Out Later This Year
NetEase (NTES) Moves 8.2% Higher: Will This Strength Last?
NetEase's New Titles Likely to Support Revenue Growth -- Market Talk
[Brokerage Focus] JPMorgan: NetEase (09999) shows outstanding performance in new games, reiterates its status as a top choice in gaming stocks, and maintains a "Shareholding" rating.
JPMorgan released a research report, raising its revenue forecast based on the outstanding performance of NetEase (09999) new games, reiterating that NetEase is the preferred stock in the China online gaming Sector for 2025, maintaining a Shareholding rating.
NetEase (09999) rose over 3% as institutions expect the company to benefit from the launch of "Marvel Showdown" with PC game revenue possibly exceeding expectations.
NetEase (09999) saw a favorable stock price in the early trading, as of the time of publication, up 3.36%, reported at 160 Hong Kong dollars, with a trading volume of 0.134 billion Hong Kong dollars.